ANNEXXURE I AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED

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1 Regd. & Head Office P. B. No.599, Mahaveera Circle Kankanady Mangalore Karnataka Bank Ltd. Your Family Bank, Across India. Phone : Fax: accts@ktkbank.com Website : CIN : L85110KA1924PLC ANNEXXURE I AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED (Rs in Lakhs) (Audited (Reviewed) Year Year 1 Interest Earned (a+b+c+d) a) Interest/Discount on advances/bills b) Income on Investments c) Interest on balances with Reserve Bank of India and other inter bank funds d) Others Other Income TOTAL INCOME (1+2) Interest exp Operating expenses (i+ii) i) Employees Cost ii) Other operating expenses TOTAL EXPENDITURE ((4+5) (excluding provisions & Contingencies) 7 Operating Profit before provisions & contingencies (3-6) 8 Provisions (other than tax) and Contingencies (449) Exceptional Items (3307) 10 Profit (+)/Loss (-) from Ordinary Activities before tax (7-8-9) Tax Expense Net Profit (+)/Loss (-) from Ordinary activities after Tax (10-11)

2 (Audited (Reviewed) Year Year 13 Extraordinary Items (net of tax expense) 14 Net Profit (+)/Loss (-) for the period (12-13) Paid up equity share capital (Face Value Rs 10/-) Reserves excluding revaluation reserves Analytical Ratios i) ii) iii) Percentage of shares held by Government of India Capital Adequacy Ratio (%) Basel III Earning per share (EPS) (Rs) before Extraordinary items (net of Tax expense) * Not Annualized Nil Nil Nil Nil Nil Basic EPS 5.67* 5.14* 7.13* Diluted EPS 5.67* 5.14* 7.13* Earnings per share (EPS) (Rs) after extraordinary items (net of Tax expense) *Not Annualized iv) - Basic EPS 5.67* 5.14* 7.13* Diluted EPS 5.67* 5.14* 7.13* NPA Ratios (a) (i) Gross NPA (a) (ii) Net NPA (b) (i) % of Gross NPA (b) (ii)% of Net NPA (c) Return on Assets Notes forming part of audited financial results of the Bank for the quarter and year March 31, The above financial results for the quarter and year March 31, 2016 have been reviewed by the Audit Committee of the Board in their meeting held on May 19, 2016 and approved by the Board of Directors in their meetings held on May 20th, The 2

3 same has been subjected to audit by the Statutory Central Auditors of the Bank in line with the guidelines issued by Reserve Bank of India and as per listing agreement with the stock exchanges. 2. For the preparation of these financial results, the Bank has followed the same accounting policies and generally accepted practices adopted for the preparation of audited financial statements for the previous year. 3. The above financial results have been arrived at after considering the provision for loan losses, provision for un-hedged foreign currency exposure and depreciation on investment consistent with the banks policy read with RBI guidelines. Provision for employees retirement benefits like pension and gratuity and other contingencies for the current period have been estimated and provided for. Provision for income tax has been made on actual basis. 4. In accordance with UDAY (Ujwal Discom Assurance Yojna)scheme for operational and financial turnaround of Power distribution Companies ( DISCOMS) during the bank has subscribed to Non SLR SDL Bonds of Government of Rajasthan ( GOR) amounting to Rs crores, GOR guaranteed DISCOM Bonds of Rs crores (segment not envisaged to be converted into SDL during ) and GOR guaranteed DISCOM Bonds of Rs crores ( segment envisaged to be converted into SDL during ) against settlement of Rajsthan DISCOM Debts of Rs crores. In compliance to the RBI letter No. DBR.BP.Np.11657/ / dated March 17, 2016 bank has made the provision as under- a. Rs crores in respect of segment not envisaged to be converted into SDL in FY on Rs crores. b. No provision has been made for the segment of Rs crores envisaged to be converted into SDL during c. Provision of Rs crores has been made for diminution in the fair value of loan/discom bonds for both the segments 3

4 Accordingly, a total provision of Rs crores has been made. The DISCOM Bonds of Rs crores not envisaged to be converted into SDL have been classified as Non-performing Investment as per aforesaid RBI letter. 5. In terms of RBI circular DBR.NO.BP.BC 94/ / dated May 21, 2015 in respect of assets sold to SC/RCs, the shortfall arrived at by deducting the sale consideration and the provision held as on the date of the sale from the outstanding amount can be amortized over two years. Accordingly, for those sales that were concluded during the current financial year, the Bank has charged to the Profit and Loss Account an amount of Rs crores during the year March 31, 2016 on proportionate basis and balance carried over as at March 31, 2016 is Rs crores. 6. Pursuant to RBI Circular DBR.BP.BC.No 31/ / dated July 16, 2015, Bank classified deposits placed with NABARD/SIDBI/NHB for meeting shortfall in priority Sector Lending targets, under Other Assets which were hitherto included under Investments. Similarly, interest income from such deposits has been classified under the head Interest Income- Others, which was hitherto included under Interest Income- Investments Figures for the previous periods have also been regrouped to conform to current period classification. The above change in classification has no impact on the profit for the year March 31, 2016 or the previous year. 7. In accordance with the RBI circular DBR.No. BP.BC 1/ / dated 1 st July 2015 on Basel III Capital Regulations and RBI circular DBR.No BP.BC 80/ / dated March 31, 2015 on Prudential Guidelines On Capital Adequacy and Liquidity Standards Amendments, Banks are required to make Pillar III disclosures including Leverage Ratio and Liquidity Coverage Ratio under the Basel III Framework. The Bank has made these disclosures which are available on its web site at the following link: These disclosures have not been subjected to audit by the Statutory Central Auditors. 8. The business of the Bank has been classified into 4 segments i.e., (a) Treasury Operations; (b) Corporate & Wholesale Banking; (c) Retail Banking and (d) Other Banking Operations. Since the Bank does not have any overseas branch, reporting under geographic segment does not arise. Segment assets have been identified and 4

5 segment liabilities have been allocated on the basis of segment assets. The segment results are annexed. 9. The Board of Directors recommends a dividend of Rs. 5/- per equity share of Rs. 10/- each for the year Non-performing Loan Provision Coverage Ratio is 48.39% as on March 31, During the year March 31, 2016 the bank had allotted 9266 equity shares pursuant to the exercise of stock options by employees 12. Disclosure about investor complaints: Complaints at the beginning of the period Nil; Received during the period 7, Redressed during the period 7; Unresolved as on March 31, 2016, Nil. 13. Corresponding previous period figures have been regrouped/ rearranged wherever necessary to make them comparable with current period figures. Analysis of Financial Results March 2016 Click here P Jayarama Bhat Managing Director & C.E.O For Abarna & Ananthan Chartered Accountants Firm Regn. No S For Kamath & Rau Chartered Accountants Firm Regn. No S (C S Gopalakrishna) (Srinivas S Kamath) Membership No Membership No Place: Mangalore Date:

6 SUMMARY BALANCE SHEET AS ON 31 ST MARCH 2016 (Rs in lakhs) As on As on CAPITAL AND LIABILITIES Capital Reserves and Surplus Deposits Borrowings Other Liabilities and Provisions TOTAL ASSETS Cash and balances with Reserve Bank of India Balances with Banks and Money at Call & Short Notice Investments Advances Fixed Assets Other Assets TOTAL

7 SEGMENT RESULTS FOR THE QUARTER AND YEAR ENDED Business Segments (Rs. in lakhs) Segment wise Results 3 Months Year Particulars 1 Segment Revenue Audited Reviewed Audited (Rs. in lakhs) Audited Audited (a) Treasury Operations (b) Corporate Banking (c) Retail Banking (d) Other Banking Operations Total Segment Results (after Provisions before Tax) (a) Treasury Operations (b) Corporate Banking (c) Retail Banking (d) Other Banking Operations 828 (1235) 949 (1590) (5686) Total Less: Un-allocable Expenditure Profit before Tax Capital employed (a) Treasury Operations (b) Corporate Banking (c) Retail Banking (d) Other Banking Operations (e) Unallocated Total

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/ NINE MONTHS ENDED DEC

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/ NINE MONTHS ENDED DEC Regd. & Head Office P. B. No.599, Mahaveera Circle Kankanady Mangalore 575 002 Karnataka Bank Ltd. Your Family Bank, Across India. Phone : 0824-2228222 Fax: 0824-2225589 E-Mail : accts@ktkbank.com Website